StockGuru Canada

Buying Canadian Stocks for U.S. Investors – How and Why

I am going to link off to a great article by Greg McCoach on how to buy Canadian Stocks. In his article he explains how Americans in the United States and Americans in Canada can buy Canadian stocks. He recommends Ken Muir at Union Securities, Harold Leishman at Canaccord Capital, Penn Trade, T.D. Ameritrade (of course), and one of my favorites, Interactive Brokers.

Quoting from his article, “The first is that most U.S. investors have been and are still focused on their beloved Dow, Nasdaq, or real estate markets. They simply have been oblivious to the profits being made in the natural resource sector. That in my opinion will soon change as markets in the U.S. begin to tread water or head south and investors start looking elsewhere for profits.

“The second is the perceived difficulty of investing in Canadian stocks. Most Americans don’t have a clue where they can go to buy and sell Canadian equities. Even many U.S. brokers when asked don’t know or won’t help you due to the fact that they become fearful you are taking your money elsewhere. I know this because of the massive amount of emails and questions I get asking for help in trading Canadian stocks.”

READ HIS FULL ARTICLE HERE – DOWNLOAD – PDF